FOR IMMEDIATE RELEASE 99-33 Washington, D.C., March 26, 1999 Media Advisory Chairman Arthur Levitt To Speak at Council of Institutional Investors Conference What: Securities and Exchange Commission Chairman Arthur Levitt will deliver a speech about the problem of pay-to-play among investment advisors to public pension funds and the Commission's plan to address the issue. The speech will be delivered to members of the Council of Institutional Investors, a non-profit organization of 112 public, corporate and union pension funds. When: Tuesday, March 30, 1999; 10:00 a.m. Where: Loews L'Enfant Plaza Hotel 480 L'Enfant Plaza, SW Washington, D.C. Contact: Darrah Feldman, SEC, 202.942.0020 Sophie Lynn, CII, 202.822.0800 # # #